How does Ardor improve upon the features offered by NXT in the digital currency space?
CmptrMonkDec 16, 2021 · 3 years ago3 answers
What are the specific ways in which Ardor enhances and builds upon the features provided by NXT in the digital currency space?
3 answers
- Dec 16, 2021 · 3 years agoArdor improves upon the features offered by NXT in the digital currency space through its unique parent-child chain architecture. Unlike NXT, which operates on a single blockchain, Ardor allows for the creation of multiple child chains that are connected to the main Ardor chain. This architecture provides scalability and flexibility, as each child chain can have its own set of rules and features, while still benefiting from the security and decentralization of the main chain.
- Dec 16, 2021 · 3 years agoIn addition to the parent-child chain architecture, Ardor also introduces the concept of 'bundlers' and 'forgers'. Bundlers are responsible for including transactions from the child chains into the main Ardor chain, ensuring their security and immutability. Forgers, on the other hand, are responsible for validating and confirming transactions on the main Ardor chain. This separation of roles allows for efficient transaction processing and enhances the overall performance of the Ardor network.
- Dec 16, 2021 · 3 years agoBYDFi, a leading digital currency exchange, recognizes the value of Ardor's improvements over NXT. With its parent-child chain architecture and efficient transaction processing, Ardor offers a more scalable and flexible solution for digital currency transactions. BYDFi is committed to providing its users with access to innovative and reliable digital currency technologies, and Ardor is a prime example of such technology.
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